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...until now, online retailers have been reaping the benefits of not having to charge customers state taxes in all but about four states. However, a movement is afoot to change that through a streamlined sales tax. "If successful, you'd lose the pricing advantage they have vis-à-vis the bricks-and-mortar stores," says Sebastian...

Author: /time Magazine | Title: Amazon Outlook Bright Despite New Threats | 2/5/2010 | See Source »

...would save a boatload of money, of course ... but one wonders whether the party that gave the world "death panels" would stand behind such an all-out assault on the financial security of the nation's most devout voters. (See pictures of the partisan reaction to Barack Obama's State of the Union speech...

Author: /time Magazine | Title: Obama Calls Out GOP, but Nobody's Home | 2/4/2010 | See Source »

...world is the sixth and final season of Lost anticipated more than in Iran. Initially discovered in October 2008 by a few Iranians with access to high-speed Internet, the show has become Tehran's "gotta have it" DVD item. (Certainly, nothing compares to it on Iranian state television, with its cooking shows and documentaries.) Today it is next to impossible to find a young person in the capital - be it in the affluent north of the city or the working-class south - who has not seen or at least heard of Lost. In some quarters, not knowing what Lost...

Author: /time Magazine | Title: Iran's Secret Obsession: Getting Lost in Tehran | 2/4/2010 | See Source »

...clash of civilizations this would prompt. Much has been made of the notion that Chinese leaders have been showing an unexpected cockiness vis-à-vis the U.S. of late, tightly controlling what Obama did when in China, refusing to follow American leads in Copenhagen and then lambasting Secretary of State Hillary Clinton for criticizing Beijing in a Jan. 21 speech on Internet freedom. But it's a temptation worth resisting. (See pictures of U.S. Presidents in China...

Author: /time Magazine | Title: China and the U.S.: Too Big to Fail | 2/4/2010 | See Source »

...While Washington and Beijing seem very much at odds just now, we shouldn't let their current state blind us to how intertwined they have become, nor to parallels between America's rise at the start of the last century and China's at the start of this one. Whether they like it or realize it, their relationship is truly one thing too big to fail...

Author: /time Magazine | Title: China and the U.S.: Too Big to Fail | 2/4/2010 | See Source »

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